Non Resident & Offshore Tax Planning

Becoming non-resident is widely viewed to be the most effective way of avoiding tax. In many cases, those who choose to move their assets offshore and become non-resident achieve huge savings on their taxes. It is extremely important, however, to ensure that before taking such a major step you are aware of all the dangers and pitfalls that go hand-in-hand with such rewarding tax benefits.

This tax guide is designed to help the following groups of people:

# Those interested in attaining non-resident status to avoid income tax and CGT in the UK.
# Anyone currently living abroad or planning to live abroad for most of the year.
# Those currently working or planning to work outside the UK.
# Those interested in minimizing tax using offshore companies and trusts.
# Any foreign nationals currently living in the UK, wishing to use their status to minimize tax.

Non-Resident & Offshore Tax Planning is jam-packed full of clear examples and unique tax planning advice.

Subjects covered include:

# Full and comprehensive explanation of terms �Domicile� and �Non Resident�.
# How becoming non-resident could save you a fortune in tax.
# Detailed explanations of how to avoid UK tax on your income from rents, dividends, pensions and employment.
# How you could completely escape capital gains tax both in the UK and abroad.
# Pitfalls to negotiate when avoiding UK capital gains tax.
# How to avoid inheritance tax by losing your UK domicile.
# How foreign nationals can escape UK taxes altogether.
# Dedicated areas of advice for investors in overseas property.
# How you could claim tax free lum sums whilst working abroad.
# How Double Tax Relief works and how to make the most of it.
# How to avoid tax everywhere by becoming a �Tax Nomad�.
# Tax advantages and disadvantages of offshore trusts and companies.
# How to save tax with double tax treaties.


The Author of Non Resident and Offshore Tax Planning is Lee Hadnum. Lee is a rarity among tax advisers having both legal and chartered accountant qualifications. After qualifying a prize winner in the Institute of Chartered Accountants exams, he also went on to become a chartered tax adviser (CTA). Having worked in Ernst & Young's tax department for several years Lee now has his own tax consultancy. He is author of a number of our tax guides and provides personalised advice through our popular Question & Answer Service.